Using the information presented below, prepare an income statement from the adjusted trial balance of Hanson Storage.

HANSON STORAGE Adjusted Trial Balance December 31 Cash......... Accounts receivable Prepaid insurance Office supplies...... Office equipment Accumulated depreciation office equipment Buildings ....... Accumulated depreciation buildings.. Land..... Wages payable... Property taxes payable Interest payable Unearned rent Long-term notes payable. Mary Hanson, Capital Mary Hanson, Withdrawals Rent earned Wages expense.. Utilities expense. Property taxes expense.. Insurance expense.... Office supplies expense. Depreciation expense office equipment. Depreciation expense buildings. Interest expense... Totals........ $ 3,050 400 830 80 4,200 $ 1.100 98,000 28.000 115,000 880 1,400 2,200 460 150,000 40,340 21,000 57,500 25,000 1,900 2,400 800 250 400 5,570 3.000 $281.880 $281.880